Limitation Act - Study Mode

[#371] On 1 st January, 2010, an amount is deposited by the plaintiff with the defendant, not being a loan. On 1 st January, 2012, demand is made by the plaintiff for repayment of the deposit. On 1 st January, 2014, suit for recovery is filed for the amount of deposit. Is this suit within limitation?
Correct Answer

(B) The suit filed on 1 st January, 2014 is within limitation because limitation of three years commences on 1 st January, 2012

[#372] 'A' has within the prescribed period of limitation sued 'B' for recovery of debt owed by 'B' to 'A' The suit remains pending. After nine years of institution of suit 'A' assigns the debt for recovery of which the suit was filed to 'C'. 'C' after nearly one year of such assignment, applies in the suit for substitution in place of 'A':
Correct Answer

(C) C' as an assignee of 'A' has a right to be substituted and no limitation is prescribed for seeking substitution

[#373] Find out the false statement:
Correct Answer

(C) In computing the period of limitation the day from which the period is to be reckoned has to be included

[#374] In computing the period of limitation for appeal, review or revision, the time requisite for obtaining a copy of the decree or order appealed shall be excluded under
Correct Answer

(B) Section 12(2)

[#375] Section 5 of the Limitation Act does not apply to:
Correct Answer

(A) Suit